Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY - Get Free Report) was the recipient of a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 7,500 shares, a drop of 78.4% from the March 15th total of 34,800 shares. Based on an average daily volume of 254,500 shares, the days-to-cover ratio is presently 0.0 days.
Shin-Etsu Chemical Stock Up 2.3 %
Shares of SHECY stock traded up $0.47 on Thursday, hitting $21.42. 447,057 shares of the stock were exchanged, compared to its average volume of 224,006. Shin-Etsu Chemical has a one year low of $13.65 and a one year high of $23.04. The firm's 50 day moving average is $21.18 and its two-hundred day moving average is $18.65.
Shin-Etsu Chemical (OTCMKTS:SHECY - Get Free Report) last issued its earnings results on Friday, January 26th. The basic materials company reported $0.20 EPS for the quarter. The company had revenue of $4.25 billion during the quarter. As a group, equities research analysts predict that Shin-Etsu Chemical will post 0.91 earnings per share for the current year.
About Shin-Etsu Chemical
(
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Shin-Etsu Chemical Co, Ltd. provides infrastructure, electronics, and functional materials in Japan. It is also involved in processing and specialized related services. The company operates through Infrastructure Materials; Electronics Materials; Functional Materials; and Processing and Specialized Services segments.
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